Arminius Capital ALPS Fund

Performance Summary as at February 2023

The Arminius Capital ALPS Fund has a track record of 8 years and 8 months and has outperformed the Barclay Hedge Global Macro benchmark since inception in July 2014, providing investors with an annualised return of 5.25% compared with the benchmark's return of 4.39% over the same period.

On a calendar year basis, the fund has experienced a negative annual return on 2 occasions in the 8 years and 8 months since its inception. Over the past 12 months, the fund's largest drawdown was -3.6% vs the index's -2.68%, and since inception in July 2014 the fund's largest drawdown was -18.26% vs the index's maximum drawdown over the same period of -8.07%. The fund's maximum drawdown began in February 2018 and lasted 4 years and 8 months, reaching its lowest point during January 2021. The fund had completely recovered its losses by October 2022.

The Manager has delivered these returns with 1.85% more volatility than the benchmark, contributing to a Sharpe ratio which has only fallen below 1 once over the past five years and which currently sits at 0.6 since inception. The fund has provided positive monthly returns 64% of the time in rising markets and 55% of the time during periods of market decline, contributing to an up-capture ratio since inception of 42% and a down-capture ratio of -16%.

Cumulative Returns
Fund Index

Arminius Capital ALPS Fund - Cumulative Performance vs Barclay Hedge Global Macro Index


Fund Index


Fund Index

General Notes

Performance figures displayed are gross of fees.

Quintile Ranking vs. Alternatives as at February 2023

The performance of the Arminius Capital ALPS Fund ranked it in the first or second quintile for all KPIs except Largest Drawdown over 7 years and ranked in the first quintile for Volatility and second quintile for Downside Deviation and Largest Drawdown over 5 years, while over 1 & 3 years the fund ranked in the first or second quintile for all KPIs.

1 Year
3 Year
5 Year
7 Year
Arminius Capital ALPS Fund
Barclay Hedge Global Macro Index
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.